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Fewer go under in 2004 THE NUMBER OF transport companies
19th August 2004, Page 13
19th August 2004
Page 13
Page 13, 19th August 2004
— Fewer go under in 2004 THE NUMBER OF transport companies
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failing in the first half of 2004 was more than 10% down on the same period in 2003.
Business solutions company Experian says 235 transport firms have gone under since 1 January, compared with 280 failures in the first half of 2003.
Across all sectors the number of business failures fell by 12%. Only the South-East and Scotland bucked the trend by recording 1.4% and 8% more business failures respectively. In all other regions failures declined.
Phil Cotter, MD of Experian's business information division, says the apparent improvement is due to changes in insolvency rules.
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